PayU calls off $4.7 bn acquisition of BillDeskProsus, the global investment arm of South African multinational Nasper, had on August 31 last year announced acquisition of BillDesk in an...
04 Oct, 2022, 12.47 AM IST
CCI clears PayU’s $4.7 billion BillDesk acquisition after a yearThe deal-- pegged as the second-largest buyout in the Indian internet sector after Walmart’s $ 16 billion acquisition of ecommerce major Fl...
06 Sep, 2022, 01.50 PM IST
PayU India submits revised merger notification to CCI on BillDesk dealAccording to the revised notification, the Prosus-backed multinational said that “the proposed transaction will not cause any appreciable a...
26 Apr, 2022, 06.00 AM IST
CCI seeks more info to clear mega PayU-BillDesk deal“CCI has not questioned the merits of the proposed transaction, but requested for additional information, as of now,” said a one person dir...
22 Feb, 2022, 12.07 PM IST
Pine Labs launches payment gateway platform PluralPlural will target partnerships with large digital merchants, financial institutions, as well as payments collected by various government o...
14 Oct, 2021, 07.07 PM IST
Prosus-backed PayU to acquire Indian payments gateway firm BillDesk for $4.7 billionThis will be one of the largest acquisitions in India’s digital payments space and by far the biggest move to consolidate the fast-growing ...
01 Sep, 2021, 11.40 AM IST
Paytm in exploratory talks with three payment gateway firms: SourcesPaytm is exploring a deal around the time when it is also looking at raising about $3 billion (about ₹21,900 crore) from capital markets th...
12 Jun, 2021, 08.13 AM IST
ICICI Bank enables customers to break high-value transactions into EMIsCustomers can purchase gadgets or pay for their insurance premium or school fees in easy EMIs from their savings account using the internet...
24 Mar, 2021, 05.21 PM IST
Billdesk’s revenue for FY18 rises 40% to Rs 929 cr, profit up 15%Payments company Billdesk, which recently crossed the $1-billion valuation mark, posted a 40% increase in revenue from operations and 15% g...
28 Nov, 2018, 10.02 AM IST
Visa takes minority stake in Billdesk, valuation hits $1.8 billionVisa’s investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses.
16 Nov, 2018, 11.28 PM IST
Visa may invest in BillDesk, valuing co at $1.5-2 billionFor Visa, an investment in BillDesk would help the American firm cement its position in the payments ecosystem in India.
25 Jun, 2018, 09.21 AM IST
Fintech companies get ready to cash in this festive season"We expect the total ecommerce industry sales during the festive season to grow by up to 50% over last year. The top two players will conti...
18 Sep, 2017, 08.08 AM IST
New digital payments rules may empty wallets for payments businessesRecent interventions done on merchant discount rate (MDR) are bound to have an impact on margins for payments businesses.
28 Feb, 2017, 08.49 AM IST
General Atlantic picks up 20% stake in BilldeskGlobal private equity investor General Atlantic has picked up 20% stake in online payment gateway solutions provider Billdesk for $120 mill...
15 Mar, 2016, 05.35 PM IST
BillDesk to raise $200 million at $1 billion valueillDesk plans to explore inorganic growth as consolidation is likely to play out in the emerging online payment gateway sector.
30 Oct, 2015, 04.57 PM IST
Private equity fund TA Associates to grow holding in BillDesk with Rs 450 crore infusionIn 2012, TA Associates purchased a minority stake from State Bank of India and Clearstone Venture Partners for an undisclosed sum.
30 Mar, 2015, 10.50 AM IST
SBI country’s first bank to set up payment gateway"We will be brining in new merchant categories with a special focus on government merchants such as, central, state departments and municip...
14 Mar, 2014, 09.32 AM IST